Asking Price: $275,000 Gross Revenue: $358,255Cash Flow: $108,135 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Here is a new offering that is picture perfect in how to run a dry cleaning business. There is plenty of space to grow with 3,960 sf. There is easy access off of Milwaukee Ave. one of the main streets in Libertyville. There is plenty of parking and the ability to drive up to the front door with your car. There is always someone who is knowledgeable to help you with your dry cleaning questions. Their motto is "PSQ DryClean Special Care Service will take the utmost care in the cleaning and handling of your garments." There is about 6 years left on the lease with the ability to secure options for additional time. Do not mistake this cleaners for one that is low price and low quality, this cleaners does high quality cleaning and pressing for a reasonable price and is sought after by many of the business people who work in the area and well as many families and businesses who demand great quality cleaning. There are strong demographics for this type of service in Libertyville. The owner is willing to train a buyer in the operation. The equipment is in great condition as you can see from the photos. If you have seen a lot of cleaners you will be impressed in how clean and well-managed this one is, and it is just waiting for the right buyer to carry on this growing business.
I would not wait too long on this one, if you are interested please call now for a personalized tour.
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